Avalonbay communities announces completion of its first green bond offering and redemption of outstanding 2022 unsecured notes

Arlington, va.--(business wire)--avalonbay communities, inc. (nyse: avb) (the “company”) announced today that on september 15, 2021 it completed an underwritten public offering of $700 million aggregate principal amount of 2.050% senior notes due 2032 (the “2032 notes”). details of the offering are set forth in the table below: principal amount   maturity date   issue price   coupon rate   yield to investors                   2.050% notes due 2032 $700 million   january 15, 2032   99.881%   2.0
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